Usha Martin Ltd
NSE: USHAMART BSE: 517146
₹482.90
-4.10 (0.84%)
Thu, 22 Oct 2026, 09:46 pm
Market Cap (in Cr)14859.21
PE Ratio29.04
Dividend0.77
Usha Martin Analysis
dividend
Pros
Cons
- Unable to calculate sustainability of dividends as Usha Martin has not reported any payouts.
- Unable to evaluate Usha Martin's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate Usha Martin's dividend against the top 25% market benchmark as the company has not reported any payouts.
health
Pros
- Usha Martin is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Whilst loss making Usha Martin has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -18.6% per year.
- Whilst loss making Usha Martin has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
- Debt is well covered by operating cash flow (39.5%, greater than 20% of total debt).
- Debt is covered by short term assets, assets are 2.4x debt.
- Usha Martin's cash and other short term assets cover its long term commitments.
- The level of debt compared to net worth has been reduced over the past 5 years (222.8% vs 42.6% today).
Cons
- Usha Martin is making a loss, therefore interest payments are not well covered by earnings.
- Usha Martin's level of debt (42.6%) compared to net worth is high (greater than 40%).
- High level of physical assets or inventory.
management
Pros
- The tenure for the Usha Martin management team is about average.
Cons
- The average tenure for the Usha Martin board of directors is less than 3 years, this suggests a new board.
- Rajeev's remuneration is higher than average for companies of similar size in India.
- Rajeev's compensation has increased whilst company is loss making.
- Usha Martin individual insiders have only sold shares in the past 3 months.
misc
Pros
Cons
- Usha Martin is not covered by any analysts.
- Usha Martin has significant price volatility in the past 3 months.
past
Pros
Cons
- Unable to compare Usha Martin's 1-year earnings growth to the 5-year average as it is not currently profitable.
- Usha Martin does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
- Usha Martin used its assets less efficiently than the IN Metals and Mining industry average last year based on Return on Assets.
- It is difficult to establish if Usha Martin improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
- It is difficult to establish if Usha Martin has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
- Unable to compare Usha Martin's 1-year growth to the IN Metals and Mining industry average as it is not currently profitable.
value
Pros
- Usha Martin is good value based on assets compared to the IN Metals and Mining industry average.
Cons
- Usha Martin's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
- Usha Martin's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
- Usha Martin is loss making, we can't compare its value to the IN Metals and Mining industry average.
- Usha Martin is loss making, we can't compare the value of its earnings to the India market.
- USHAMART underperformed the Metals and Mining industry which returned -28.6% over the past year.
- USHAMART underperformed the Market in India which returned -14.5% over the past year.
- NSEI:USHAMART is up 3.8% underperforming the Metals and Mining industry which returned 7.5% over the past month.
- NSEI:USHAMART is up 3.8% underperforming the market in India which returned 8% over the past month.